Friday, April 13, 2018 5:23:44 PM
Well, the note holders (of the convertible notes) have a 6-month waiting period before they can convert. So, before then, I'd say that .20 is a nice price point to watch closely, as the share structure still seems materially unchanged from the days of CRTC.
I'm not sure if the warrants are subject to the non-registered sec securities rules. But if they are, they're also subject to that 6 month waiting period before they can be exercised.
Basically, yeah. They wouldn't exercise the warrants or convert the convertible notes if the price was any lower. The convertible notes don't seem to have built-in conversion discounts, which is a positive.
@OTCMondragon
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